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Cutting Tool Materials Market Overview
Cutting tool materials are specifically designed materials used for the manufacturing of tools that are used for cutting, shaping, drilling, or machining various materials such as metals, plastics, or composites. The choice of cutting tool material depends on factors such as the workpiece material, cutting conditions, and desired tool life.
The market for cutting tool materials is influenced by regional trends. Regions such as North America and Europe have well-established manufacturing industries, which drive the demand for cutting tools and materials. The Asia-Pacific region is expected to witness significant growth due to the rapid growth of the manufacturing sector, particularly in countries like China and India.
This report studies and analyses global Cutting Tool Materials status and future trends, helping the client to determine the Cutting Tool Materials market size of the total market opportunity by Type, by Application, by company, and by region & country. This report is a detailed and comprehensive analysis of the world market for Cutting Tool Materials. It provides market size (in K Units & US$ million) and Year-over-Year growth, considering 2025 as the base year. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments. To assess the competitive environment within the market, including supplier revenue, market share, and company profiles.
Cutting Tool Materials Market Key Takeaways
(1) Global Cutting Tool Materials market size, history data 2020-2025 , and forecast data 2025 -2031, (US$ million) & (K Units)
(2) Global Cutting Tool Materials sales, revenue, price by company, market share, and industry ranking 2020-2025, (US$ million) & (K Units)
(3) China Cutting Tool Materials sales, revenue, price by company, market share, and industry ranking 2020-2025, (US$ million) & (K Units)
(4) Global Cutting Tool Materials key consuming regions, consumption quantity, consumption value, and demand structure
(5) Global Cutting Tool Materials key producing regions, capacity, production, and year-over-year growth
(6) Cutting Tool Materials industry chains, upstream, midstream, and downstream
Cutting Tool Materials Market: Key Players
The competitive landscape of the Cutting Tool Materials Market offers a comprehensive analysis of key players. It includes insights such as company overviews, financial performance, revenue generation, market potential, research and development investments, new market strategies, regional presence, strengths and weaknesses, product launches, product range, and application leadership. These data points specifically pertain to the companies' activities and focus within the Cutting Tool Materials Market. Some of the major players operating in the Cutting Tool Materials Market are:
- Bohler Uddeholm
- Arthur R. Warner
- NACHI-FUJIKOSHI
- DAIDO STEEL
- Hudson Tool
- Rusal
- CHALCO
- Rochester Abrasives
- Jinmeng
- SAINT-GORBIN
- Nippon Steel Corporation
- Baowu Steel
- Element Six
- Sandvik Hyperion
- ILJIN Diamond
- Hitachi
- Sandvik
- Xiamen Tungsten
- China Minmetals Corporation
- Plansee(GTP)
- JXTC
- Japan New Metals
Market IntelliX's study on the Cutting Tool Materials market offers information divided into important segments — type, applications, end-use, and region. This report provides comprehensive data and information about the important market dynamics and growth parameters associated with these categories.
Cutting Tool Materials Market by Type [Analysis by Value from 2020 to 2031]:
- Carbon Steel
- High Speed Steel
- Cemented Carbide
- Ceramics
- Other
Cutting Tool Materials Market by Application [Analysis by Value from 2020 to 2031]:
- General Manufacturing
- Automotive And Transportation
- Construction & Building
- Aerospace
- Other
Cutting Tool Materials Market by Region [Analysis by Value from 2020 to 2031]:
- North America (United States, Canada, and Mexico)
- Europe (UK, Germany, France, Russia, and Italy)
- Asia-Pacific (China, Korea, Japan, India, and Southeast Asia)
- South America (Brazil, Colombia, Argentina, etc.)
- The Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, and South Africa)
Cutting Tool Materials Market Report Includes:
Chapter 1: To describe Cutting Tool Materials product scope, global sales quantity, value and average price, China sales quantity, value and average price, development opportunities, challenges, trends, and policies.
Chapter 2: Global Cutting Tool Materials market share and ranking of major manufacturers, sales quantity, revenue, average price, 2020-2025
Chapter 3: China Cutting Tool Materials market share and ranking of major manufacturers, sales quantity, revenue, average price, 2020-2025
Chapter 4: Global key producing regions of Cutting Tool Materials , percent & CAGR, 2020 - 2031
Chapter 5: Cutting Tool Materials industry chain, upstream, medium-stream, and downstream.
Chapter 6: Segment by Type, sales quantity, average price, consumption value, percent & CAGR, 2020 - 2031
Chapter 7: Segment by Application, sales quantity, average price, consumption value, percent & CAGR, 2020 - 2031
Chapter 8: Segment in regional level, sales quantity, average price, consumption value, percent & CAGR, 2020 - 2031
Chapter 9: Segment in country level, sales quantity, average price, consumption value, percent & CAGR, 2020 - 2031
Chapter 10: Company profile, introducing the basic situation of the main companies in the market in detail, including product specifications, application, recent development, sales quantity, average price, revenue, and gross margin.
Chapter 11: Conclusions
1 Market Overview
1.1 Cutting Tool Materials Definition
1.2 Global Cutting Tool Materials Market Size and Forecast
1.2.1 By Consumption Value, Global Cutting Tool Materials Market Size, 2020-2031
1.2.2 By Sales Quantity, Global Cutting Tool Materials Market Size, 2020-2031
1.2.3 Global Cutting Tool Materials Average Selling Price (ASP), 2020-2031
1.3 China Cutting Tool Materials Market Size and Forecast
1.3.1 By Consumption Value, China Cutting Tool Materials Market Size, 2020-2031
1.3.2 By Sales Quantity, China Cutting Tool Materials Market Size, 2020-2031
1.3.3 China Cutting Tool Materials Average Selling Price (ASP), 2020-2031
1.4 Share of China Cutting Tool Materials Market with Respect to the Global Market
1.4.1 By Consumption Value, China Cutting Tool Materials Market Share in Global, 2020-2031
1.4.2 By Sales Quantity, China Cutting Tool Materials Market Share in Global, 2020-2031
1.4.3 Cutting Tool Materials Market Size: China VS Global, 2020-2031
1.5 Cutting Tool Materials Market Dynamics
1.5.1 Cutting Tool Materials Market Drivers
1.5.2 Cutting Tool Materials Market Restraints
1.5.3 Cutting Tool Materials Industry Trends
1.5.4 Cutting Tool Materials Industry Policy
2 Global Leading Manufacturers and Market Share
2.1 By Revenue of Cutting Tool Materials, Global Market Share by Company, 2020-2025
2.2 By Sales Quantity of Cutting Tool Materials, Global Market Share by Company, 2020-2025
2.3 Cutting Tool Materials Average Selling Price (ASP) by Company, 2020-2025
2.4 Global Cutting Tool Materials Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.5 Global Cutting Tool Materials Concentration Ratio
2.6 Global Cutting Tool Materials Mergers & Acquisitions, Expansion Plans
2.7 Global Cutting Tool Materials Manufacturers Product Type
2.8 Head Office and Cutting Tool Materials Production Site of Key Manufacturer
2.9 Cutting Tool Materials Capacity of Major Manufacturers and Future Plan
3 China Leading Manufacturers and Market Share
3.1 By Revenue of Cutting Tool Materials, China Market Share by Company, 2020-2025
3.2 By Sales Quantity of Cutting Tool Materials, China Market Share by Company, 2020-2025
3.3 China Cutting Tool Materials Cutting Tool Materials Participants, Market Position (Tier 1, Tier 2, and Tier 3)
4 Global Producing Regions
4.1 Global Cutting Tool Materials Capacity, Output and Capacity Utilization, 2020-2031
4.2 Global Cutting Tool Materials Capacity by Region
4.3 Global Cutting Tool Materials Production & Forecast by Region, 2020 VS 2024 VS 2031
4.4 Global Cutting Tool Materials Production by Region, 2020-2031
4.5 Global Cutting Tool Materials Production Market Share & Forecast by Region, 2020-2031
5 Industry Chain Analysis
5.1 Cutting Tool Materials Industry Chain
5.2 Cutting Tool Materials Upstream Analysis
5.2.1 Cutting Tool Materials Core Raw Materials
5.2.2 Main Manufacturers of Cutting Tool Materials Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 Cutting Tool Materials Production Mode
5.6 Cutting Tool Materials Procurement Model
5.7 Cutting Tool Materials Industry Sales Model and Sales Channels
5.7.1 Cutting Tool Materials Sales Model
5.7.2 Cutting Tool Materials Typical Distributors
6 Sights by Product Type
6.1 Cutting Tool Materials Classification
6.1.1 Carbon Steel
6.1.2 High Speed Steel
6.1.3 Cemented Carbide
6.1.4 Ceramics
6.1.5 Other
6.2 by Type, Global Cutting Tool Materials Consumption Value & CAGR, 2020 VS 2024 VS 2031
6.3 by Type, Global Cutting Tool Materials Consumption Value, 2020-2031
6.4 by Type, Global Cutting Tool Materials Sales Quantity, 2020-2031
6.5 by Type, Global Cutting Tool Materials Average Selling Price (ASP), 2020-2031
7 Sights by Application
7.1 Cutting Tool Materials Segment by Application
7.1.1 General Manufacturing
7.1.2 Automotive And Transportation
7.1.3 Construction & Building
7.1.4 Aerospace
7.1.5 Other
7.2 by Application, Global Cutting Tool Materials Consumption Value & CAGR, 2020 VS 2024 VS 2031
7.3 by Application, Global Cutting Tool Materials Consumption Value, 2020-2031
7.4 by Application, Global Cutting Tool Materials Sales Quantity, 2020-2031
7.5 by Application, Global Cutting Tool Materials Price, 2020-2031
8 Sales Sights by Region
8.1 By Region, Global Cutting Tool Materials Consumption Value, 2020 VS 2024 VS 2031
8.2 By Region, Global Cutting Tool Materials Consumption Value, 2020-2031
8.3 By Region, Global Cutting Tool Materials Sales Quantity, 2020-2031
8.4 North America
8.4.1 North America Cutting Tool Materials Market Size & Forecasts, 2020-2031
8.4.2 By Country, North America Cutting Tool Materials Market Size Market Share
8.5 Europe
8.5.1 Europe Cutting Tool Materials Market Size & Forecasts, 2020-2031
8.5.2 By Country, Europe Cutting Tool Materials Market Size Market Share
8.6 Asia Pacific
8.6.1 Asia Pacific Cutting Tool Materials Market Size & Forecasts, 2020-2031
8.6.2 By Country/Region, Asia Pacific Cutting Tool Materials Market Size Market Share
8.7 South America
8.7.1 South America Cutting Tool Materials Market Size & Forecasts, 2020-2031
8.7.2 By Country, South America Cutting Tool Materials Market Size Market Share
8.8 Middle East & Africa
9 Sales Sights by Country Level
9.1 By Country, Global Cutting Tool Materials Market Size & CAGR, 2020 VS 2024 VS 2031
9.2 By Country, Global Cutting Tool Materials Consumption Value, 2020-2031
9.3 By Country, Global Cutting Tool Materials Sales Quantity, 2020-2031
9.4 United States
9.4.1 United States Cutting Tool Materials Market Size, 2020-2031
9.4.2 by Type, United States Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
9.4.3 by Application, United States Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
9.5 Europe
9.5.1 Europe Cutting Tool Materials Market Size, 2020-2031
9.5.2 by Type, Europe Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
9.5.3 by Application, Europe Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
9.6 China
9.6.1 China Cutting Tool Materials Market Size, 2020-2031
9.6.2 by Type, China Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
9.6.3 by Application, China Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
9.7 Japan
9.7.1 Japan Cutting Tool Materials Market Size, 2020-2031
9.7.2 by Type, Japan Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
9.7.3 by Application, Japan Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
9.8 South Korea
9.8.1 South Korea Cutting Tool Materials Market Size, 2020-2031
9.8.2 by Type, South Korea Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
9.8.3 by Application, South Korea Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
9.9 Southeast Asia
9.9.1 Southeast Asia Cutting Tool Materials Market Size, 2020-2031
9.9.2 by Type, Southeast Asia Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
9.9.3 by Application, Southeast Asia Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
9.10 India
9.10.1 India Cutting Tool Materials Market Size, 2020-2031
9.10.2 by Type, India Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
9.10.3 by Application, India Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
9.11 Middle East & Africa
9.11.1 Middle East & Africa Cutting Tool Materials Market Size, 2020-2031
9.11.2 by Type, Middle East & Africa Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
9.11.3 by Application, Middle East & Africa Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
10 Manufacturers Profile
10.1 Bohler Uddeholm
10.1.1 Bohler Uddeholm Company Information, Head Office, Market Area, and Industry Position
10.1.2 Bohler Uddeholm Cutting Tool Materials Models, Specifications, and Application
10.1.3 Bohler Uddeholm Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.1.4 Bohler Uddeholm Company Profile and Main Business
10.1.5 Bohler Uddeholm Recent Developments
10.2 Arthur R. Warner
10.2.1 Arthur R. Warner Company Information, Head Office, Market Area, and Industry Position
10.2.2 Arthur R. Warner Cutting Tool Materials Models, Specifications, and Application
10.2.3 Arthur R. Warner Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.2.4 Arthur R. Warner Company Profile and Main Business
10.2.5 Arthur R. Warner Recent Developments
10.3 NACHI-FUJIKOSHI
10.3.1 NACHI-FUJIKOSHI Company Information, Head Office, Market Area, and Industry Position
10.3.2 NACHI-FUJIKOSHI Cutting Tool Materials Models, Specifications, and Application
10.3.3 NACHI-FUJIKOSHI Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.3.4 NACHI-FUJIKOSHI Company Profile and Main Business
10.3.5 NACHI-FUJIKOSHI Recent Developments
10.4 DAIDO STEEL
10.4.1 DAIDO STEEL Company Information, Head Office, Market Area, and Industry Position
10.4.2 DAIDO STEEL Cutting Tool Materials Models, Specifications, and Application
10.4.3 DAIDO STEEL Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.4.4 DAIDO STEEL Company Profile and Main Business
10.4.5 DAIDO STEEL Recent Developments
10.5 Hudson Tool
10.5.1 Hudson Tool Company Information, Head Office, Market Area, and Industry Position
10.5.2 Hudson Tool Cutting Tool Materials Models, Specifications, and Application
10.5.3 Hudson Tool Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.5.4 Hudson Tool Company Profile and Main Business
10.5.5 Hudson Tool Recent Developments
10.6 Rusal
10.6.1 Rusal Company Information, Head Office, Market Area, and Industry Position
10.6.2 Rusal Cutting Tool Materials Models, Specifications, and Application
10.6.3 Rusal Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.6.4 Rusal Company Profile and Main Business
10.6.5 Rusal Recent Developments
10.7 CHALCO
10.7.1 CHALCO Company Information, Head Office, Market Area, and Industry Position
10.7.2 CHALCO Cutting Tool Materials Models, Specifications, and Application
10.7.3 CHALCO Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.7.4 CHALCO Company Profile and Main Business
10.7.5 CHALCO Recent Developments
10.8 Rochester Abrasives
10.8.1 Rochester Abrasives Company Information, Head Office, Market Area, and Industry Position
10.8.2 Rochester Abrasives Cutting Tool Materials Models, Specifications, and Application
10.8.3 Rochester Abrasives Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.8.4 Rochester Abrasives Company Profile and Main Business
10.8.5 Rochester Abrasives Recent Developments
10.9 Jinmeng
10.9.1 Jinmeng Company Information, Head Office, Market Area, and Industry Position
10.9.2 Jinmeng Cutting Tool Materials Models, Specifications, and Application
10.9.3 Jinmeng Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.9.4 Jinmeng Company Profile and Main Business
10.9.5 Jinmeng Recent Developments
10.10 SAINT-GORBIN
10.10.1 SAINT-GORBIN Company Information, Head Office, Market Area, and Industry Position
10.10.2 SAINT-GORBIN Cutting Tool Materials Models, Specifications, and Application
10.10.3 SAINT-GORBIN Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.10.4 SAINT-GORBIN Company Profile and Main Business
10.10.5 SAINT-GORBIN Recent Developments
10.11 Nippon Steel Corporation
10.11.1 Nippon Steel Corporation Company Information, Head Office, Market Area, and Industry Position
10.11.2 Nippon Steel Corporation Cutting Tool Materials Models, Specifications, and Application
10.11.3 Nippon Steel Corporation Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.11.4 Nippon Steel Corporation Company Profile and Main Business
10.11.5 Nippon Steel Corporation Recent Developments
10.12 Baowu Steel
10.12.1 Baowu Steel Company Information, Head Office, Market Area, and Industry Position
10.12.2 Baowu Steel Cutting Tool Materials Models, Specifications, and Application
10.12.3 Baowu Steel Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.12.4 Baowu Steel Company Profile and Main Business
10.12.5 Baowu Steel Recent Developments
10.13 Element Six
10.13.1 Element Six Company Information, Head Office, Market Area, and Industry Position
10.13.2 Element Six Cutting Tool Materials Models, Specifications, and Application
10.13.3 Element Six Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.13.4 Element Six Company Profile and Main Business
10.13.5 Element Six Recent Developments
10.14 Sandvik Hyperion
10.14.1 Sandvik Hyperion Company Information, Head Office, Market Area, and Industry Position
10.14.2 Sandvik Hyperion Cutting Tool Materials Models, Specifications, and Application
10.14.3 Sandvik Hyperion Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.14.4 Sandvik Hyperion Company Profile and Main Business
10.14.5 Sandvik Hyperion Recent Developments
10.15 ILJIN Diamond
10.15.1 ILJIN Diamond Company Information, Head Office, Market Area, and Industry Position
10.15.2 ILJIN Diamond Cutting Tool Materials Models, Specifications, and Application
10.15.3 ILJIN Diamond Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.15.4 ILJIN Diamond Company Profile and Main Business
10.15.5 ILJIN Diamond Recent Developments
10.16 Hitachi
10.16.1 Hitachi Company Information, Head Office, Market Area, and Industry Position
10.16.2 Hitachi Cutting Tool Materials Models, Specifications, and Application
10.16.3 Hitachi Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.16.4 Hitachi Company Profile and Main Business
10.16.5 Hitachi Recent Developments
10.17 Sandvik
10.17.1 Sandvik Company Information, Head Office, Market Area, and Industry Position
10.17.2 Sandvik Cutting Tool Materials Models, Specifications, and Application
10.17.3 Sandvik Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.17.4 Sandvik Company Profile and Main Business
10.17.5 Sandvik Recent Developments
10.18 Xiamen Tungsten
10.18.1 Xiamen Tungsten Company Information, Head Office, Market Area, and Industry Position
10.18.2 Xiamen Tungsten Cutting Tool Materials Models, Specifications, and Application
10.18.3 Xiamen Tungsten Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.18.4 Xiamen Tungsten Company Profile and Main Business
10.18.5 Xiamen Tungsten Recent Developments
10.19 China Minmetals Corporation
10.19.1 China Minmetals Corporation Company Information, Head Office, Market Area, and Industry Position
10.19.2 China Minmetals Corporation Cutting Tool Materials Models, Specifications, and Application
10.19.3 China Minmetals Corporation Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.19.4 China Minmetals Corporation Company Profile and Main Business
10.19.5 China Minmetals Corporation Recent Developments
10.20 Plansee(GTP)
10.20.1 Plansee(GTP) Company Information, Head Office, Market Area, and Industry Position
10.20.2 Plansee(GTP) Cutting Tool Materials Models, Specifications, and Application
10.20.3 Plansee(GTP) Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.20.4 Plansee(GTP) Company Profile and Main Business
10.20.5 Plansee(GTP) Recent Developments
10.21 JXTC
10.21.1 JXTC Company Information, Head Office, Market Area, and Industry Position
10.21.2 JXTC Cutting Tool Materials Models, Specifications, and Application
10.21.3 JXTC Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.21.4 JXTC Company Profile and Main Business
10.21.5 JXTC Recent Developments
10.22 Japan New Metals
10.22.1 Japan New Metals Company Information, Head Office, Market Area, and Industry Position
10.22.2 Japan New Metals Cutting Tool Materials Models, Specifications, and Application
10.22.3 Japan New Metals Cutting Tool Materials Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.22.4 Japan New Metals Company Profile and Main Business
10.22.5 Japan New Metals Recent Developments
11 Conclusion
12 Appendix
12.1 Research Methodology
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Market Estimation Model
12.4 Disclaimer
Tables & Figures:
List of Tables
Table 1. Cutting Tool Materials Consumption Value & CAGR: China VS Global, 2020-2031, US$ Million
Table 2. Cutting Tool Materials Market Restraints
Table 3. Cutting Tool Materials Market Trends
Table 4. Cutting Tool Materials Industry Policy
Table 5. Global Cutting Tool Materials Revenue by Company, 2020-2025, US$ million, Ranked Based on Revenue in 2024
Table 6. Global Cutting Tool Materials Revenue Share by Company, 2020-2025, Ranked by Data of 2024
Table 7. Global Cutting Tool Materials Sales Quantity by Company, (2020-2025) & (Kiloton), Ranked Based on Sales in 2024
Table 8. Global Cutting Tool Materials Sales Quantity by Company, 2020-2025, Ranked by Data of 2024
Table 9. Global Cutting Tool Materials Average Selling Price (ASP) by Company, (2020-2025) & (US$/Ton)
Table 10. Global Cutting Tool Materials Manufacturers Market Concentration Ratio (CR3 and HHI)
Table 11. Global Cutting Tool Materials Mergers & Acquisitions, Expansion Plans
Table 12. Global Cutting Tool Materials Manufacturers Product Type
Table 13. Head Office and Cutting Tool Materials Production Site of Key Manufacturer
Table 14. Cutting Tool Materials Capacity of Major Manufacturers and Future Plan
Table 15. China Cutting Tool Materials Revenue by Company, 2020-2025, US$ million, Ranked Based on Revenue in 2024
Table 16. China Cutting Tool Materials Revenue Share by Company, 2020-2025, Ranked by Data of 2024
Table 17. China Cutting Tool Materials Sales Quantity by Company, (2020-2025) & (Kiloton), Ranked Based on Sales in 2024
Table 18. China Cutting Tool Materials Sales Quantity by Company, 2020-2025, Ranked by Data of 2024
Table 19. Global Cutting Tool Materials Production & Forecast by Region, 2020 VS 2024 VS 2031, (Kiloton)
Table 20. Global Cutting Tool Materials Production by Region, 2020-2025, (Kiloton)
Table 21. Global Cutting Tool Materials Production Forecast by Region, 2026-2031, (Kiloton)
Table 22. Global Key Players of Cutting Tool Materials Upstream (Raw Materials)
Table 23. Global Cutting Tool Materials Typical Customers
Table 24. Cutting Tool Materials Typical Distributors
Table 25. by Type, Global Cutting Tool Materials Consumption Value & CAGR, 2020 VS 2024 VS 2031, US$ Million
Table 26. by Application, Global Cutting Tool Materials Consumption Value & CAGR, 2020 VS 2024 VS 2031, US$ Million
Table 27. By Region, Global Cutting Tool Materials Consumption Value, 2020 VS 2024 VS 2031, US$ Million
Table 28. By Region, Global Cutting Tool Materials Consumption Value, 2020-2031, US$ Million
Table 29. By Region, Global Cutting Tool Materials Sales Quantity, 2020-2031, (Kiloton)
Table 30. By Country, Global Cutting Tool Materials Consumption Value & CAGR, 2020 VS 2024 VS 2031, US$ Million
Table 31. By Country, Global Cutting Tool Materials Consumption Value, 2020-2031, US$ Million
Table 32. By Country, Global Cutting Tool Materials Consumption Value Market Share, 2020-2031
Table 33. By Country, Global Cutting Tool Materials Sales Quantity, 2020-2031, (Kiloton)
Table 34. By Country, Global Cutting Tool Materials Sales Quantity Market Share, 2020-2031
Table 35. Bohler Uddeholm Company Information, Head Office, Market Area, and Industry Position
Table 36. Bohler Uddeholm Cutting Tool Materials Models, Specifications, and Application
Table 37. Bohler Uddeholm Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 38. Bohler Uddeholm Company Profile and Main Business
Table 39. Bohler Uddeholm Recent Developments
Table 40. Arthur R. Warner Company Information, Head Office, Market Area, and Industry Position
Table 41. Arthur R. Warner Cutting Tool Materials Models, Specifications, and Application
Table 42. Arthur R. Warner Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 43. Arthur R. Warner Company Profile and Main Business
Table 44. Arthur R. Warner Recent Developments
Table 45. NACHI-FUJIKOSHI Company Information, Head Office, Market Area, and Industry Position
Table 46. NACHI-FUJIKOSHI Cutting Tool Materials Models, Specifications, and Application
Table 47. NACHI-FUJIKOSHI Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 48. NACHI-FUJIKOSHI Company Profile and Main Business
Table 49. NACHI-FUJIKOSHI Recent Developments
Table 50. DAIDO STEEL Company Information, Head Office, Market Area, and Industry Position
Table 51. DAIDO STEEL Cutting Tool Materials Models, Specifications, and Application
Table 52. DAIDO STEEL Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 53. DAIDO STEEL Company Profile and Main Business
Table 54. DAIDO STEEL Recent Developments
Table 55. Hudson Tool Company Information, Head Office, Market Area, and Industry Position
Table 56. Hudson Tool Cutting Tool Materials Models, Specifications, and Application
Table 57. Hudson Tool Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 58. Hudson Tool Company Profile and Main Business
Table 59. Hudson Tool Recent Developments
Table 60. Rusal Company Information, Head Office, Market Area, and Industry Position
Table 61. Rusal Cutting Tool Materials Models, Specifications, and Application
Table 62. Rusal Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 63. Rusal Company Profile and Main Business
Table 64. Rusal Recent Developments
Table 65. CHALCO Company Information, Head Office, Market Area, and Industry Position
Table 66. CHALCO Cutting Tool Materials Models, Specifications, and Application
Table 67. CHALCO Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 68. CHALCO Company Profile and Main Business
Table 69. CHALCO Recent Developments
Table 70. Rochester Abrasives Company Information, Head Office, Market Area, and Industry Position
Table 71. Rochester Abrasives Cutting Tool Materials Models, Specifications, and Application
Table 72. Rochester Abrasives Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 73. Rochester Abrasives Company Profile and Main Business
Table 74. Rochester Abrasives Recent Developments
Table 75. Jinmeng Company Information, Head Office, Market Area, and Industry Position
Table 76. Jinmeng Cutting Tool Materials Models, Specifications, and Application
Table 77. Jinmeng Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 78. Jinmeng Company Profile and Main Business
Table 79. Jinmeng Recent Developments
Table 80. SAINT-GORBIN Company Information, Head Office, Market Area, and Industry Position
Table 81. SAINT-GORBIN Cutting Tool Materials Models, Specifications, and Application
Table 82. SAINT-GORBIN Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 83. SAINT-GORBIN Company Profile and Main Business
Table 84. SAINT-GORBIN Recent Developments
Table 85. Nippon Steel Corporation Company Information, Head Office, Market Area, and Industry Position
Table 86. Nippon Steel Corporation Cutting Tool Materials Models, Specifications, and Application
Table 87. Nippon Steel Corporation Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 88. Nippon Steel Corporation Company Profile and Main Business
Table 89. Nippon Steel Corporation Recent Developments
Table 90. Baowu Steel Company Information, Head Office, Market Area, and Industry Position
Table 91. Baowu Steel Cutting Tool Materials Models, Specifications, and Application
Table 92. Baowu Steel Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 93. Baowu Steel Company Profile and Main Business
Table 94. Baowu Steel Recent Developments
Table 95. Element Six Company Information, Head Office, Market Area, and Industry Position
Table 96. Element Six Cutting Tool Materials Models, Specifications, and Application
Table 97. Element Six Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 98. Element Six Company Profile and Main Business
Table 99. Element Six Recent Developments
Table 100. Sandvik Hyperion Company Information, Head Office, Market Area, and Industry Position
Table 101. Sandvik Hyperion Cutting Tool Materials Models, Specifications, and Application
Table 102. Sandvik Hyperion Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 103. Sandvik Hyperion Company Profile and Main Business
Table 104. Sandvik Hyperion Recent Developments
Table 105. ILJIN Diamond Company Information, Head Office, Market Area, and Industry Position
Table 106. ILJIN Diamond Cutting Tool Materials Models, Specifications, and Application
Table 107. ILJIN Diamond Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 108. ILJIN Diamond Company Profile and Main Business
Table 109. ILJIN Diamond Recent Developments
Table 110. Hitachi Company Information, Head Office, Market Area, and Industry Position
Table 111. Hitachi Cutting Tool Materials Models, Specifications, and Application
Table 112. Hitachi Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 113. Hitachi Company Profile and Main Business
Table 114. Hitachi Recent Developments
Table 115. Sandvik Company Information, Head Office, Market Area, and Industry Position
Table 116. Sandvik Cutting Tool Materials Models, Specifications, and Application
Table 117. Sandvik Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 118. Sandvik Company Profile and Main Business
Table 119. Sandvik Recent Developments
Table 120. Xiamen Tungsten Company Information, Head Office, Market Area, and Industry Position
Table 121. Xiamen Tungsten Cutting Tool Materials Models, Specifications, and Application
Table 122. Xiamen Tungsten Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 123. Xiamen Tungsten Company Profile and Main Business
Table 124. Xiamen Tungsten Recent Developments
Table 125. China Minmetals Corporation Company Information, Head Office, Market Area, and Industry Position
Table 126. China Minmetals Corporation Cutting Tool Materials Models, Specifications, and Application
Table 127. China Minmetals Corporation Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 128. China Minmetals Corporation Company Profile and Main Business
Table 129. China Minmetals Corporation Recent Developments
Table 130. Plansee(GTP) Company Information, Head Office, Market Area, and Industry Position
Table 131. Plansee(GTP) Cutting Tool Materials Models, Specifications, and Application
Table 132. Plansee(GTP) Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 133. Plansee(GTP) Company Profile and Main Business
Table 134. Plansee(GTP) Recent Developments
Table 135. JXTC Company Information, Head Office, Market Area, and Industry Position
Table 136. JXTC Cutting Tool Materials Models, Specifications, and Application
Table 137. JXTC Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 138. JXTC Company Profile and Main Business
Table 139. JXTC Recent Developments
Table 140. Japan New Metals Company Information, Head Office, Market Area, and Industry Position
Table 141. Japan New Metals Cutting Tool Materials Models, Specifications, and Application
Table 142. Japan New Metals Cutting Tool Materials Sales Quantity (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin, 2020-2025
Table 143. Japan New Metals Company Profile and Main Business
Table 144. Japan New Metals Recent Developments
List of Figures
Figure 1. Cutting Tool Materials Picture
Figure 2. Global Cutting Tool Materials Consumption Value, (US$ million) & (2020-2031)
Figure 3. Global Cutting Tool Materials Sales Quantity, (Kiloton) & (2020-2031)
Figure 4. Global Cutting Tool Materials Average Selling Price (ASP), (2020-2031) & (US$/Ton)
Figure 5. China Cutting Tool Materials Consumption Value, (US$ million) & (2020-2031)
Figure 6. China Cutting Tool Materials Sales Quantity (Kiloton) & (2020-2031)
Figure 7. China Cutting Tool Materials Average Selling Price (ASP), (US$/Ton) & (2020-2031)
Figure 8. By Consumption Value, China Cutting Tool Materials Market Share of Global, 2020-2031
Figure 9. By Sales Quantity, China Cutting Tool Materials Market Share of Global, 2020-2031
Figure 10. Global Cutting Tool Materials Market Share by Company, (Tier 1, Tier 2, and Tier 3), 2024
Figure 11. China Cutting Tool Materials Key Participants, Market Share, 2024
Figure 12. Global Cutting Tool Materials Capacity, Production and Capacity Utilization, 2020-2031
Figure 13. Global Cutting Tool Materials Capacity Market Share by Region, 2024 VS 2031
Figure 14. Global Cutting Tool Materials Production Market Share & Forecast by Region, 2020-2031
Figure 15. Cutting Tool Materials Industry Chain
Figure 16. Cutting Tool Materials Procurement Model
Figure 17. Cutting Tool Materials Sales Model
Figure 18. Cutting Tool Materials Sales Channels, Direct Sales, and Distribution
Figure 19. Carbon Steel
Figure 20. High Speed Steel
Figure 21. Cemented Carbide
Figure 22. Ceramics
Figure 23. Other
Figure 24. by Type, Global Cutting Tool Materials Consumption Value, 2020-2031, US$ Million
Figure 25. by Type, Global Cutting Tool Materials Consumption Value Market Share, 2020-2031
Figure 26. by Type, Global Cutting Tool Materials Sales Quantity, 2020-2031, (Kiloton)
Figure 27. by Type, Global Cutting Tool Materials Sales Quantity Market Share, 2020-2031
Figure 28. by Type, Global Cutting Tool Materials Average Selling Price (ASP), 2020-2031, (US$/Ton)
Figure 29. General Manufacturing
Figure 30. Automotive And Transportation
Figure 31. Construction & Building
Figure 32. Aerospace
Figure 33. Other
Figure 34. by Application, Global Cutting Tool Materials Consumption Value, 2020-2031, US$ Million
Figure 35. by Application, Global Cutting Tool Materials Revenue Market Share, 2020-2031
Figure 36. by Application, Global Cutting Tool Materials Sales Quantity, 2020-2031, (Kiloton)
Figure 37. by Application, Global Cutting Tool Materials Sales Quantity Market Share, 2020-2031
Figure 38. by Application, Global Cutting Tool Materials Price, 2020-2031, (US$/Ton)
Figure 39. By Region, Global Cutting Tool Materials Consumption Value Market Share, 2020-2031
Figure 40. By Region, Global Cutting Tool Materials Sales Quantity Market Share, 2020-2031
Figure 41. North America Cutting Tool Materials Consumption Value & Forecasts, 2020-2031, US$ Million
Figure 42. By Country, North America Cutting Tool Materials Consumption Value Market Share, 2024
Figure 43. Europe Cutting Tool Materials Consumption Value & Forecasts, 2020-2031, US$ Million
Figure 44. By Country, Europe Cutting Tool Materials Consumption Value Market Share, 2024
Figure 45. Asia Pacific Cutting Tool Materials Consumption Value & Forecasts, 2020-2031, US$ Million
Figure 46. By Country/Region, Asia Pacific Cutting Tool Materials Consumption Value Market Share, 2024
Figure 47. South America Cutting Tool Materials Consumption Value & Forecasts, 2020-2031, US$ Million
Figure 48. By Country, South America Cutting Tool Materials Consumption Value Market Share, 2024
Figure 49. Middle East & Africa Cutting Tool Materials Consumption Value & Forecasts, 2020-2031, US$ Million
Figure 50. United States Cutting Tool Materials Sales Quantity, 2020-2031, (Kiloton)
Figure 51. by Type, United States Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 52. by Application, United States Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 53. Europe Cutting Tool Materials Sales Quantity, 2020-2031, (Kiloton)
Figure 54. by Type, Europe Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 55. by Application, Europe Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 56. China Cutting Tool Materials Sales Quantity, 2020-2031, (Kiloton)
Figure 57. by Type, China Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 58. by Application, China Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 59. Japan Cutting Tool Materials Sales Quantity, 2020-2031, (Kiloton)
Figure 60. by Type, Japan Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 61. by Application, Japan Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 62. South Korea Cutting Tool Materials Sales Quantity, 2020-2031, (Kiloton)
Figure 63. by Type, South Korea Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 64. by Application, South Korea Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 65. Southeast Asia Cutting Tool Materials Sales Quantity, 2020-2031, (Kiloton)
Figure 66. by Type, Southeast Asia Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 67. by Application, Southeast Asia Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 68. India Cutting Tool Materials Sales Quantity, 2020-2031, (Kiloton)
Figure 69. by Type, India Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 70. by Application, India Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 71. Middle East & Africa Cutting Tool Materials Sales Quantity, 2020-2031, (Kiloton)
Figure 72. by Type, Middle East & Africa Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 73. by Application, Middle East & Africa Cutting Tool Materials Sales Quantity Market Share, 2024 VS 2031
Figure 74. Research Methodology
Figure 75. Breakdown of Primary Interviews
Figure 76. Bottom-up Approaches
Figure 77. Top-down Approaches
Research Methodology:
Cutting Tool Materials Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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